Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spanish Inflation matches initial estimates for November

Wed 14th Dec 2011

Spain´s National Institute of Statistics (INE) released a report from their offices earlier today showing how the country´s harmonized inflation reached 2.9% last month, matching initial estimates, but down fom the 3.0% seen in October.

On a month by month basis, the harmonized index of consumer prices increased by 0.2%.

The European Central Bank is now forecasting 'below, but close to 2.0´ inflation will be seen throughout the Eurozone, however the single currency area has remained above the target inflation level since December 2010.

Spain's consumer price annual inflation also fell to 2.9% as originally forecast in November, from 3% the month previously. At the same time, core inflation remained unchanged at 1.7%.

Month-on-month, consumer prices increased by 0.4% during November, compared to October's 0.8% increase.

Comment on this Story

 
Be the first to comment on this Story !!